• K. VEERA MOHANA RAO

The financial system plays an important role in the economic development and stability of any country. Ensuring effective regulation and supervision of the financial system is inevitable for any country that has a rapidly growing economy and a diverse range of financial institutions. As an example, In India, the responsibility of overseeing and regulating the financial system is divided among several regulatory authorities, each entrusted with specific sectors of the financial market. These regulatory bodies function to promote stability, transparency, and investor protection along with innovation and growth within the Indian financial system. National Financial Regulating Authority is one such regulatory authority is a regulating authority for financial reporting that takes care of accounting standards and auditing policies. This paper provides insights regarding NFRA and similar audit regulators in other countries.

National Financial Reporting Authority (NFRA), Institute of Chartered Accountants of India (ICAI)

"REGULATING AUTHORITY FOR FINANCIAL REPORTING WITH REFERENCE TO INDIA AND OTHER COUNTRIES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 7, page no.k41-k45, July-2023, Available :http://www.jetir.org/papers/JETIR2307A05.pdf

"REGULATING AUTHORITY FOR FINANCIAL REPORTING WITH REFERENCE TO INDIA AND OTHER COUNTRIES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 7, page no. ppk41-k45, July-2023, Available at : http://www.jetir.org/papers/JETIR2307A05.pdf